Skip to main content

About your Search

20121224
20130101
Search Results 0 to 21 of about 22 (some duplicates have been removed)
they don't talk about is affordability. so while you may think that sweater at barney's or nordstrom's is a value, at whatever price it is, you can't afford it. and affordability is something that is resonating a lot more than value. >> reporter: so the season is not expected to be a sparkling one for merchants, with gains in the low to mid single digits. discounters are expected to do better than luxury stores. but don't forget, it is the holidays, and christmas just wouldn't be the same without a few splurges. >> we kind of get in the spirit of shopping. we go, okay, okay one more, oh they'd really like that, he'd really like that-- and a little for myself, too. >> reporter: erika miller, nbr, new york. >> susie: don't let the fiscal cliff scare you away from buying stocks. that's the advice to investors from andy cross, the chief investment officer at the motley fool. tom hudson recently spoke with him, and began by asking if the s&p 500 will be higher or lower this time next year. >> that's a tough question. i'm not in the job of picking the stocks over, you know, three, six, nin
-range planning, but now the definition of long range seems to be 48 hours. >> you don't hear people talking, well a year from now, we really need to be here. you hear, well we need to do that this week. we need to do that day after tomorrow. this short-time frame horizon is new and i think people who think we are going to have tax reform and entitlement reform next year are way, way off base. >> cutting short his vacation but it's unclear whether he has the power to force a last minute solution through a deeply divided congress. >> darren gersh. >> so, joe, how bad could that be? >> i had, susie. unfortunately, the economy has been gaining momentum, if you look at the labor market as well as housing making progress. but if we would see a fall from the fiscal cliff, it's not in our own estimates that those in the congressional budget office would be enough to impart a recession in the first half of 2013. i think still there's a 51% chance, if you ask me, that we avert the cliff but those are uncomfortablably low chances of success. >> we have seen some progress in the economy, in the housing secto
. move o most of that was in the commodities. as we go to 2013 it's hard to predict. i don't think we'll see labor stay war i where it is and thatl increase and the commodity as well. >> do you expect it to remainch. >> i do expect it to remainchea. the fed has made that commitment to the extent that you can call it a commitment and it's in the best interest of the continued recovery of the economy to keep mortgage rates low because housing is a vital component of employment and personal net worth. >> finally what about the homes. have you picked up on any changes o-for-consumer likes or dislikes in what consume earls are looking for in terms of the homes themselves. >> it's reasonable consistent.ie more in multigenerational living. a inlaw sweet for the parents. we are seeing a little more in terms of energy efis efficiency. we are offering more but it's not chosen as often as we would read about if you will. on the energy efficiency. and the mcmann shu mcmann shun t dead. we are selling single family homes with 100,000 worth of upgrades to the base price. it's remarkable in the down
into gift card sales. what most people don't realize is those sales get counted until the cards are redeemed. is that enough to save the season? >> not totally but you will have a decent season. around 70 percent of all gift cards are typically redeementd in the month of january. on average you will get consumers buying for themselves. they will take the gift card and add ton to it. that will be interesting in january to see if that happens. >> are there any retail stocks that you would get in and buy now. >> >> i think there are names as we look to 2013, whether it's van hues and the changes they are make to werner will be interesting. the continued growth with victoria's secret and bath and body works we will continue to see strength in michael cors as they expand their categories. you mentioned the overhang of the fiscal cliff, if that is resolved, will we see shoppers rush back to the malls. >> i wouldn't say rush but i think they will have more confidence in coming back to the malls and that will help us for easter, the march-april time period. >> dana telsey attach e. thank you very m
. but most experts don't think retail investors will have an appetite for stocks until the situation on main street more resembles wall street: >> they look around and they say gee, my brother-in-law is still out of work. and things aren't going so well maybe i should save that money rather than investing it. >> reporter: erika miller, "n.b.r.," new york. >> susie: our market guest tonight expects stocks to do well in 2013. he's sam stovall, chief equity strategist at s&p capital i.q. you heard about them talking about the deal and negotiations. does that change your forecast for 2013. >> well susie it confirms that s congress could teach space shake something about drama. >> the head winds have been wit. there is nothing new added to the equation it's just when wil the congress get it's act together. and our belief is if they don't pass something tomorrow they will early in the new year. >> you have been predicting thsw year. barring anymore drama for the fiscal cliff what is going to drive stocks higher. >> most global economies willhat quarter by 2 2012 and much of 23 will be a recovery
the neighborhood. >> we were kind of an odd bunch before, didn't plan to be hatters, as most people probably don't, and stumbled on it, really did. stumbled on it. and the story and the ambience and that's what took us. >> mike: the story is a familiar one: in 2009, battered by the down economy, the owner needed to sell, no one would buy. so the option was to shut it down, walk away, hat in hand. except in walked a preschool preschool teacher, two costumers and a bookkeeper, saviors in bright colors, with passion. >> we did it because, a, this place was going to evaporate if we didn't. nobody else was going to do it. the four of us are makers of things. we love the craft and we love old crafts and this was something that you can only learn how to be a hatter by apprenticing. so this is a skill that they're not teaching in school. see, this is kind of a taller crown. >> mike: what they will teach in school is how to run a business. classes they found and took to learn about price points, niche markets, branding, sourcing, business plans. >> business is a different language, you know? so i had to
Search Results 0 to 21 of about 22 (some duplicates have been removed)

Terms of Use (31 Dec 2014)